San Francisco has ceded its crown as the most expensive Bay Area city for renters.
Three cities in the Bay Area's biggest county are closer to a crown that San Francisco gripped so tightly over the past decade.
Zumper's Crystal Chen told The Examiner Mountain View has been more expensive than San Francisco for a few months, but May marked the first time Santa Clara and Cupertino had been. All three cities, as well as Menlo Park, are home to Silicon Valley giants that have required, or will require, employees to work multiple days a week in person: Apple, Google, Intel and Meta.
Two-bedroom rent in San Francisco was steady compared to last May, while one-bedroom rents rose just 3.4%. Only a handful of Bay Area cities had smaller yearly declines, while rents rose at least 26% in Santa Clara, Mountain View and Cupertino .
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